1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
____ [38]
3 years ago
13

Up through the early decades of the 20th century, many countries remained closed to trade, charging high tariffs or imposing str

ict quotas on imported goods. In 1948, 23 countries joined the General Agreement on Tariffs and Trade (GATT), which sought to set out rules for trade and enhance future negotiations. The reduction in tariffs as a result of GATT probably brought about:
a. an decrease in consumption
b. an increase in consumption
c. no change in consumption
d. a reduction in domestic production
Social Studies
1 answer:
Nutka1998 [239]3 years ago
4 0

Answer:

The correct answer is letter "B": an increase in consumption.

Explanation:

According to the <em>supply and demand</em> economic law, the lower the prices, buyers will demand more of an economic good. In the particular case of the GATT -originally signed in 1947 by 23 countries, one of its objectives was to make international trade easier by eliminating and reducing quotas, tariffs and subsidies while preserving relevant restrictions.

You might be interested in
What are some factors that could limit the usefulness of “Deganawida Epic” as historical
lorasvet [3.4K]

Answer:

xx

Explanation:

cccvhbkjhb.nlmnfa

4 0
2 years ago
Which message strategy has the goal of creating an impact on a person's beliefs or knowledge structure
algol [13]

Answer: Cognitive message strategy approach is to design an ad that will have an impact on a person’s beliefs and/or knowledge structure.

Explanation: Hope it helps.

6 0
2 years ago
Problem 3-6 (LO. 1) Parent, a domestic corporation, owns 100% of Block, a non-U.S. corporation, and Chip, a domestic corporation
Digiron [165]

Answer:

a. Y es

b. N o

c. No

Explanation:

Whenever a corporate group decides to establish new subsidiaries in its home country or in foreign countries, it should consolidate all of these subsidiaries (regardless of where they are located) into a single financial statement (if such statement is intended for accounting purposes). This should be done if Parente has an influence of more than 50% of the voting power of its subsidiaries.

5 0
3 years ago
How did the children's help in the American revolutionary war?
serious [3.7K]

The children did not participate in the war but he contributed to the extent that they made clothes and helped constantly in the war with work.

5 0
3 years ago
What does nature refer to in the nature vs. nurture debate?
Juliette [100K]

The nature side of the "nature vs nurture" debate refers to biology.

Nature is referred to all the hereditary and genes factors that affects who we are, from our personality characteristics and physical appearance.

In psychology, the “nature vs nurture” debate is regarded with the extent to which specific conditions of behavior are a result either acquired or inherited attributes.

4 0
3 years ago
Other questions:
  • How did monotheism make an impact on the economy of Rome?
    12·1 answer
  • "Sandra wishes to study the effects of a mother's cocaine use during pregnancy on cognitive indicators during the first month of
    8·1 answer
  • Political stability contributed to the growth of industrialization in the United States because it enabled the government to
    14·2 answers
  • To put an argument into standard form, one should identify __________.
    8·1 answer
  • River boat with a steam powered engine that could travel up or down stream
    12·2 answers
  • Angela decided to sell her summer home to Theo. They wrote out the details on a cocktail napkin, and both parties signed it. In
    9·1 answer
  • Please help, due in 20m
    9·1 answer
  • What Supreme Court ruling stated that the state cannot tax federal institutions?
    5·1 answer
  • Ryan was really looking forward to lunch because his mother had prepared a tuna salad sandwich. Unfortunately, the mayonnaise sh
    9·1 answer
  • What should be done to protect and promote child right ? Make a list of your suggestion and present in the class​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!